Question

On July 1 of last year, total employees at company E was decreased by 10 percent. Without any change in the salaries of the remaining employees, the average (arithmetic mean) employee salary was 10 percent more after the decrease in the number of employees than before the decrease. The total of the combined salaries of all the employees at Company E after July 1 last year was what percent of that before July 1 last year?A. 90%B. 99%C. 100%D. 101%E. 110%

Answer 1

Answer:

The total of the combined salaries of all the employees at Company E after July 1 last year was 110% of that before July 1 last year.

Explanation:

If we use numbers, as example, we can get that:

Before July 1st Company E' s employes had in average salary of $100.000 (example).  

If, after the decreased of employees, average salary was 10% percent more, that means that:

• $100.000 x 10%= $10.000

So, total of combined salaries after decreased was

• $100.000+$10.000= $110.000

$110.000 is the 110% of the average salary before decreased because:

• $110.000/100.000 = 110%